Financial Manager

Heading Moz is recruiting for its client, an Solid Waste Management Company, a Finanacial Manager (M/F)  to be based in Pemba.

Suitable candidates must fulfill the following inherent requirements:

• B. Com Degree and a registered C.A;
• Related Management Accounting qualification;
• Fulfilled similar role with at least 5 years’ senior financial experience;
• Monthly or bi-weekly travel to Mozambique for periods of one to two weeks per month. This may be extended based on operational requirements.

Suitable candidates must have the following work experience

• Analytically orientated;
• Attention to detail;
• Reconciling physical activity to financial performance (activity-based costing);
• Expert MS Office Skills;
• Valid Driver’s License.

The successful candidate will be responsible for, but not limited to:

• Analysis of the financial results of the region;
• Analysis and explanation of management accounts to budgets and forecasts;
• Finalizing inter-depot charges;
• Development and measurement of regional production KPI’s;
• Presentation of financial results to management;
• Controlling all orders against budget;
• Preparation of annual budget and bi-annual forecast;
• Ensuring compliance to internal controls at depot level;
• Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition;
• Coordinate and direct the preparation of the budget and financial forecasts and report variances;
• Prepare and publish timely monthly financial statements.  Variance analysis;
• Coordinate the preparation of regulatory reporting;
• Research technical accounting issues for compliance;
• Support month-end and year-end close process;
• Liaising with external auditors.
• Ensure quality control over financial transactions and financial reporting
• Manage and comply with local, state, and federal government reporting requirements.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls;
• Additional controller duties as necessary;
• Calculate and prepare annual tax returns;
• Liaise with KPMG in Maputo to prepare the following statutory returns; return of earnings M20, balance of accounts M22, payment returns M39;
• Liaise with PWC in Maputo in respect of tax and legal compliance issues as well as tax audit query advise;
• Prepare and coordinate with Deloitte in Maputo for compilation of the Annual Financial Statements;
• Liaise and coordinate with Deloitte in Maputo for auditing of the Annual Financial Statements;
• Coordinate with KPMG in Maputo for compilation of the Annual Handwritten DAF Books and sent trial balances monthly;
• Payments: Register all service type contracts with the Department of finance and obtain a binding opinion in respect of Withholding Tax on Double Taxation Treaty;
• Payments: Obtain tax clearance certificates for all cross-border payments;
• Coordinate all service and goods type payments to Interwaste in South Africa.
• Exports to Mozambique: develop and review the export document control and administration processes inclusive of export registers and export files. Ensure compliance to all applicable laws.
• Review the balance sheet reconciliations on a monthly basis for accuracy and completeness.
• Ensure a local Portuguese chart of accounts is maintained as described by Mozambican law.
• Ensure invoicing complies with IVA legislation.
• Review the monthly IVA returns submitted to the Department of Finance.
• Review the monthly payroll journals and statutory deductions and ensure compliance on submissions and payments.
• Review and coordinate the expatriation of expat salary payments by Moz Environmental to IW.
• Prepare the daily cashflow requirements of Moz Environmental.
• Manage local debtor collections
• Working capital management in line with cash flow projections
• Obtain quarterly updates of the Commercial Certificate.
• Ensure the Registered Address of Moz Environmental are maintained.
• Advise management on any changes to local content laws in Mozambique.